Amerisource Closes $4,500,000 Credit Facility for Real Estate Firm


Release Date: 07/28/20


Amerisource Closes $4,500,000 Credit Facility for Real Estate Firm

Amerisource Business Capital announced the closing and funding of a $4,500,000 credit facility for a real estate firm based in Texas. The proceeds are being used to refinance a maturing bank loan.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “This was a rapid closing for a very seasoned real estate firm. With our deep roots in the Houston market, we were able to underwrite and approve this facility very quickly. We look forward to our continued partnership.” Bill Herrington, EVP of Amerisource, added, “we were able to quickly assist a local bank looking to reduce it’s commercial real estate exposure. This transaction was beneficial to the client, the bank, and to Amerisource.”

About Amerisource Funding | Amerisource Business Capital
Founded in 1984, Amerisource is a direct lender and capital provider to growing businesses throughout the United States with borrowing needs up to $20 million. Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to over 1,600 companies across the U.S. Our deep experience and expertise in complex situations allows us to deliver creative solutions that maximize liquidity and flexibility for our clients. Amerisource has clients and offices located throughout the United States. https://amerisource.us.com

Working Capital | Real Estate | Equipment